The Wealthy Barber Podcast

The Wealthy Barber Inc.
The Wealthy Barber Podcast

The Wealthy Barber Podcast is Canada’s go-to source for approachable, entertaining, and free financial education. Hosted by none other than David Chilton—former Dragon on CBC’s ”Dragons’ Den” and the best-selling author of ”The Wealthy Barber” and ”The Wealthy Barber Returns”—this podcast is here to help Canadians manage their money better. Much better. Dave Chilton has spent over 35 years demystifying personal finance, offering understandable, unbiased, and actionable advice that has empowered millions of Canadians to achieve their financial goals. Now, he’s bringing that same wisdom to your favourite podcasting platforms, with regular episodes designed to make personal finance simple, relatable, and yes, even entertaining. Episodes of The Wealthy Barber Podcast features Dave in conversation with expert guests from across the spectrum of Canadian personal finance. From investing and real estate to taxes, RESPs, and even money psychology, no topic is off-limits. Plus, don’t miss our special “Office Hours” episodes, where Dave answers real questions from audience members, delivering informed, balanced, and sometimes downright funny advice. Follow for Canadian personal finance made simple.

Episodes

  1. DEC 17

    Barry Choi: Credit Cards and Loyalty Points—How to Get the Most Value | TWB Podcast #6

    Our guest this episode is Barry Choi, the ultimate expert on all things credit card points and loyalty programs in Canada. You may also know him from his frequent TV appearances or his personal finance website www.moneywehave.com. In this episode Dave asks Barry everything Canadians need to know about credit card points and loyalty programs including which programs offer the most lucrative sign-up bonuses, tips for how to maximize the value of your points, which card is best for travel and much, much more.  This is a highly informative episode and you’ll be sure to take away a few valuable tips by listening.   Show Notes 00:00 – Intro & Disclaimer 00:56 – Intro to Barry Choi 03:02 – Loyalty Programs and Data 06:35 – Learn a Few Programs Inside Out 08:51 – Transferring Points to Increase Value 10:47 – Credit Card Points as an Employee Benefit 12:04 – Tips to Maximize Points 14:39 – How to Optimize Points for Travel 17:12 – Which Credit Card is Right for You 18:56 – Sign-Up Bonuses 22:16 – Dave’s Reservations About Credit Cards 25:32 – High-Income Canadians with Credit-Card Balances 28:01 – Barry’s Spending 30:02 – When Barry Took His Family to Hong Kong 34:09 – American Express 37:37 – Dave Doesn't Use Airport Lounges 38:26 – Non-Point Benefits 41:20 – The Lifecycle of a Fintech Company 42:25 – Consumerism & Stuff 45:49 – Donating Loyalty Points 46:58 – Fraud with Loyalty Points 48:37 – Conclusion

    49 min
  2. DEC 3

    Ben Felix: A Deep Dive Into the World of Investing | TWB Podcast #5

    Our guest this episode is Ben Felix—Chief Investment Officer at PWL Capital and co-host of “The Rational Reminder” podcast. You might also know him from his popular YouTube channel where he creates meticulously researched videos on investing, financial decision-making and living a good life (although you may not recognize his stunning new hairstyle!).   In this episode Dave and Ben dive deeply into the world of investing. They cover everything from active versus passive styles to why CPP is a one-of-a-kind asset to why people underperform so badly in mutual funds and much, much more.    This is a must-listen episode featuring two of Canada’s top financial educators.   Show Notes: 00:00:00 – Intro & Disclaimer 00:00:55 – Intro to Ben Felix 00:04:25 – Ben’s New Hair 00:05:50 – Why Is It So Difficult to Beat the Market? 00:08:02 – Why It's Hard for Active Managers to Consistently Outperform 00:11:42 – “Buy the Haystack” (Passive Investing) 00:13:55 – The Market is Forward Looking 00:17:45 – Why Dave & Ben Don't Listen to Market Forecasts 00:21:46 – Dave's Only Market-Timing Story (Gone Wrong) 00:25:22 – Performance Gaps for Individual vs. Fund Performance 00:29:55 – Lump Sum vs. Dollar-Cost Averaging 00:35:18 – Everyone's Risk Tolerance is Different 00:36:56 – Countries With High Economic Growth ≠ High Stock Returns 00:41:35 – Beware of High Growth Industries & Thematic ETFs 00:46:00 – The Difference Between Investment Planning & Financial Planning 00:51:20 – How Can Everyday Canadians Get Good Financial Advice? 00:55:44 – Trust is Key in Financial Planning 00:57:26 – Why a 2% Mutual Fund Fee Is So Costly 00:59:11 – Canadian Banks 01:01:19 – Keep it Simple! Complexity Underperforms 01:04:09 – Venture Capital 01:05:42 – Can the US Market Continue to Outperform? 01:13:36 – Robo-Advisors 01:17:44 – Would Ben Ever Be a Landlord? 01:20:00 – CPP – Four Reasons Why You Should Wait to Take It 01:26:11 – Conclusion

    1h 27m
  3. OCT 22

    Rob Carrick: How Personal Finance in Canada Has Changed Over the Last Three Decades | The Wealthy Barber Podcast #3

    Our guest this episode is Rob Carrick—one of the most well-known personal-finance experts in the country through his 30+ years as a financial writer and columnist for The Globe and Mail.  In this episode Dave and Rob discuss how personal finance in Canada has changed over the last 35 years including how more parents are helping their adult-age children financially, how social media is increasing the pressure to spend, why FHSAs are the ultimate no-brainer and much, much more. You'll enjoy this discussion with Rob Carrick. ------- The Wealthy Barber Podcast is Canada’s go-to source for approachable, entertaining, and free financial education. Hosted by none other than David Chilton—former Dragon on CBC’s ”Dragons’ Den” and the best-selling author of ”The Wealthy Barber” and ”The Wealthy Barber Returns”—this podcast is here to help Canadians manage their money better. Much better. Find all episodes and more Canadian personal finance content at https://thewealthybarber.com. ------- Show Notes:(00:00:00) – Introduction(00:03:30) – It's More Expensive to Have Kids Today(00:06:01) – Pressure to Spend(00:07:24) – Crazy What People Spend on Cars(00:09:24) – Spending & Lines of Credit(00:12:27) – What Dave is Seeing From People's Spending Summaries(00:13:47) – It’s Financially Difficult to be Single(00:15:12) – Costs Are Rising for Seniors(00:19:06) – More Parents Are Helping Their Kids Financially(00:22:09) – People Need Help with Retirement Planning(00:27:05) – Fee-Only Financial Planning(00:31:19) – Divorce Rates Going Down(00:32:18) – People Are Having Fewer Kids(00:33:13) – Boomers Had It Easier(00:36:18) – Pensions Are Making a Comeback(00:38:18) – Counting on Inheritances(00:39:05) – Some Young People Are Giving Up(00:40:16) – Anyone Can Manage Their Money Well(00:41:24)  – Is Personal Finance Harder Today?(00:42:17) – Pets Are More Expensive Than You Expect(00:44:30) – You Have to Make Spending Tradeoffs(00:46:16) – You Feel Better When You’re On Top of Your Finances(00:48:44) – Debit vs. Credit Cards(00:50:54) – Should Couples Manage Their Money Together?(00:54:01) – FHSAs(00:55:08) – TFSAs(00:58:11) – The Problem with the Bank-Branch System in Canada(01:00:23) – FHSAs Are a No-Brainer(01:03:39)  – Why Hasn’t Canada Embraced Passive Investing Like the US?(01:05:38) – The Wrong Way to Use ETFs(01:08:26) – Men vs. Women Investing(01:12:19) – Why Don’t Canadians Use Mortgage Brokers?(01:14:08) – RRSPs are Still Great(01:16:48) – Conclusion

    1h 18m
  4. OCT 1

    Robin Taub: How To Teach Your Kids About Money | The Wealthy Barber Podcast #2

    Our guest this episode is Robin Taub—a financial educator focused on helping parents teach their kids to be responsible, independent and money-smart for life through her award winning book “The Wisest Investment” and public speaking engagements. In this episode we discuss all things parents should know when teaching their kids about money, from allowances, to piggy banks, to how much kids should save, and much more. You'll enjoy this discussion with Robin Taub. —---- The Wealthy Barber Podcast is Canada’s go-to source for approachable, entertaining, and free financial education. Hosted by none other than David Chilton—former Dragon on CBC’s ”Dragons’ Den” and the best-selling author of ”The Wealthy Barber” and ”The Wealthy Barber Returns”—this podcast is here to help Canadians manage their money better. Much better. Find all episodes and more Canadian personal finance content at https://thewealthybarber.com. —---- Show Notes: (00:00:00) Introduction (00:01:11) How Do You Teach Kids About Money? (00:07:38) Allowances (00:11:41) Robin's Book & Framework (00:15:52) Teaching Kids About Investing  (00:18:55) People Are Having Fewer Kids  (00:20:00) Young People More Affected by Inflation  (00:22:42) Piggy Banks  (00:24:04) Spending in the Digital Era  (00:26:01) "Cooling-Off" Periods (00:27:25) How Much Kids Should Save (00:28:59) Grandparents More Financially Involved Now  (00:31:58) Biggest Money Mistakes Parents Make (00:35:08) Money Stress is the Worst Stress (00:37:14) The Importance of Sharing (00:41:09) Dave & Robin's Kids  (00:45:01) Other Resources for Parents (00:47:08) Conclusion

    48 min
  5. SEPT 5

    Preet Banerjee: All Things Canadian Personal Finance | The Wealthy Barber Podcast #1

    Welcome to the inaugural episode of The Wealthy Barber Podcast!   Our first guest is Preet Banerjee—one of the top financial educators in Canada, having been a regular for years on CBC's The National, renowned speaker and author of the bestselling book, “Stop Overthinking Your Money.” Recently, Preet completed a doctorate with his research focusing on the value of financial advice to Canadian households and how to improve the outcomes for the mass market.    In this episode, we discuss what Preet learned from his research and all things Canadian personal finance, from RRSPs versus TFSAs, to active versus passive investing, to whether investing in Canadian rental real estate still makes sense, to who has the better hair and much, much more. You'll enjoy this discussion with Preet Banerjee, a great communicator and a truly great guy.   —----   The Wealthy Barber Podcast is Canada’s go-to source for approachable, entertaining, and free financial education. Hosted by none other than David Chilton—former Dragon on CBC’s ”Dragons’ Den” and the best-selling author of ”The Wealthy Barber” and ”The Wealthy Barber Returns”—this podcast is here to help Canadians manage their money better. Much better.   Find all episodes and more Canadian personal finance content at https://thewealthybarber.com. —----   Show Notes: (00:00:00) Introduction (00:01:59) Preet’s Research (00:06:16) Biggest Problem Young Canadians Face Today (00:10:32) RRSP vs. TFSA (00:13:06) FHSAs (00:14:38) Active vs. Passive (00:20:40) Men vs. Women Investing (00:23:52) Inflation (00:29:14) Who has better hair? (00:29:47) Giving Advice to the Masses (00:32:36) Group RRSP Matching (00:34:58) Investing in Rental Real Estate in Canada (00:37:41) Getting Help From Parents (00:40:19) Emergency Funds (00:43:08) Has the Pendulum Swung Too Far (00:45:23) Other Personal Finance Creators (00:48:02) An Experience That Changed Preet’s Perspective on Life (00:51:35) Conclusion

    53 min
4.9
out of 5
110 Ratings

About

The Wealthy Barber Podcast is Canada’s go-to source for approachable, entertaining, and free financial education. Hosted by none other than David Chilton—former Dragon on CBC’s ”Dragons’ Den” and the best-selling author of ”The Wealthy Barber” and ”The Wealthy Barber Returns”—this podcast is here to help Canadians manage their money better. Much better. Dave Chilton has spent over 35 years demystifying personal finance, offering understandable, unbiased, and actionable advice that has empowered millions of Canadians to achieve their financial goals. Now, he’s bringing that same wisdom to your favourite podcasting platforms, with regular episodes designed to make personal finance simple, relatable, and yes, even entertaining. Episodes of The Wealthy Barber Podcast features Dave in conversation with expert guests from across the spectrum of Canadian personal finance. From investing and real estate to taxes, RESPs, and even money psychology, no topic is off-limits. Plus, don’t miss our special “Office Hours” episodes, where Dave answers real questions from audience members, delivering informed, balanced, and sometimes downright funny advice. Follow for Canadian personal finance made simple.

You Might Also Like

To listen to explicit episodes, sign in.

Stay up to date with this show

Sign in or sign up to follow shows, save episodes and get the latest updates.

Select a country or region

Africa, Middle East, and India

Asia Pacific

Europe

Latin America and the Caribbean

The United States and Canada